Liu Corporation's balance sheet reflected the following information. Assuming all the stock was issued in a single transaction,what was the issue price per share of the stock?

Question

Liu Corporation's balance sheet reflected the following information.  Assuming all the stock was issued in a single transaction,what was the issue price per share of the stock?

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The Answer of Liu Corporation's balance sheet reflected the following information.  Assuming all the stock was issued in a single transaction,what was the issue price per share of the stock?

Liu Corporation's Balance Sheet Reflected the Following Information